Reference no: EM132465232

Question 1: The following are ratios for 20X3. Provide a brief description of what each ratio reveals about Hershey company.

Point 1: Return on common equity 0.616

Point 2: Debt-to-assets 0.698

Point 3: Debt-to-equity 2.32

Point 4: Current 1.77

Point 5: Quick 1.13

Point 6: Inventory turnover days (Use 365 days).) 61

Point 7: Accounts receivable turnover days (Use 365 days.) 24

Point 8: Accounts payable turnover days (Use 365 days.) 42

Point 9: Operating cycle (in days) (Use 365 days.) 43

Point 10: Total asset turnover 1.41